| Disclosure language on credit terms, sales slips,
OFPs (promotion disclosures) have changed.
| "No Payments" promotions go away
(promotions without monthly payments).
| "Less Than Six Months" promotions go away
(promotions like "90-Days").
| Advertising promotions need additional headline
| Minors or students under 21 require paper
application or GE online applications.
|Monthly income must be considered and entered on all applications.|
|Advertising credit with tangible incentives targeted to students on, near or at an event sponsored by an institution of higher education is prohibited.|
Advertising "With Payment" promotions in print or on the Internet have new requirements that impact disclosure content and design layout.